4//SEC Filing
PILGRIM LONNIE A 4
Accession 0001181431-12-016178
CIK 0000802481other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 8:02 PM ET
Size
29.2 KB
Accession
0001181431-12-016178
Insider Transaction Report
Form 4
PILGRIM LONNIE A
DirectorSenior Chairman of the Board10% Owner
Transactions
- Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−2,872,186→ 0 totalExercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (38,424 underlying) - Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−90,580→ 0 total(indirect: By Trust)Exercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (1,212 underlying) - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+910$4,095→ 83,926 total(indirect: By PFCP, Ltd.) - Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−90,579→ 0 total(indirect: By Trust)Exercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (1,212 underlying) - Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−68,013→ 0 total(indirect: By PFCP)Exercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (910 underlying) - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+174,868$786,906→ 15,114,575 total(indirect: By Pilgrim Interests, Ltd.) - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+1,212$5,454→ 110,559 total(indirect: By Trust) - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+35$158→ 3,235 total(indirect: By UGMA) - Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−13,071,278→ 0 total(indirect: By Pilgrim Interests, Ltd.)Exercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (174,868 underlying) - Exercise of In-Money
Subscriptions Rights (right to buy)
2012-03-07−2,650→ 0 total(indirect: By UGMA)Exercise: $4.50From: 2012-01-17Exp: 2012-03-07→ Common Stock, par value $0.01 per share (35 underlying) - Gift
Common Stock
2012-03-01−839,940→ 14,939,707 total(indirect: By Pilgrim Interests, Ltd.) - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+38,424$172,908→ 3,505,727 total - Exercise of In-Money
Common Stock
2012-03-07$4.50/sh+1,212$5,454→ 110,561 total(indirect: By Trust)
Holdings
- 176.009(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The number of shares beneficially owned by Lonnie A. "Bo" Pilgrim includes shares of common stock held by family trusts, employee benefit trust, family limited partnerships and wife. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]As more particularly described in the Form 4 filed by Mr. Pilgrim with the United States Securities and Exchange Commission on March 2, 2012, Mr. Pilgrim exercised in full his basic subscription rights in the rights offering entitling him to purchase shares of Pilgrim's Pride Corporation ("PPC") common stock. Pursuant to the rights offering, Mr. Pilgrim also exercised his over-subscription privilege to acquire additional shares of PPC's common stock on a pro rata basis based on the number of shares each over-subscribing stockholder purchased under the basic subscription privilege to the extent any shares offered in the rights offering were not purchased by PPC's stockholders as part of the basic subscription as of the expiration of the rights offering on February 29, 2012. Mr. Pilgrim acquired the shares of common stock of PPC listed, as determined by the transfer agent on March 7, 2012.
Documents
Issuer
PILGRIMS PRIDE CORP
CIK 0000802481
Entity typeother
Related Parties
1- filerCIK 0001256662
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 8:02 PM ET
- Size
- 29.2 KB